Roblox announced on Thursday that creators can now sell physical merchandise directly within their experiences and games on the platform with the launch of new Commerce APIs. The offering provides creators with a new way to generate revenue beyond the purchases of virtual goods or one-time fees to access specific experiences. The company first began…
Category: Shopify
AI, AI agents, Commerce, Global Security News, Shopify
Shopify CEO tells teams to consider using AI before growing headcount
In a recent memo to employees, Shopify CEO Tobi Lütke made a bold policy change: teams must demonstrate why AI can’t perform a job before they’re permitted to ask for more headcount and resources. “Before asking for more headcount and resources, teams must demonstrate why they cannot get what they want done using AI,” Lütke…
Commerce, Global IT News, Global Security News, Shopify
Shopify transfers its US listing from the NYSE to the Nasdaq
Nearly 10 years after filing to go public on the New York Stock Exchange (NYSE) and Toronto Stock Exchange, Canadian e-commerce platform Shopify has announced that it’s transitioning its U.S. listing to the Nasdaq. In a filing with the Securities and Exchange Commission (SEC) on Wednesday, Shopify said it is removing its Class A shares…
Commerce, ecommerce, Exclusive, Fundraising, Global IT News, Global Security News, Shopify
Shop Circle raises $60M to encircle e-commerce with an app suite
The boom in e-commerce post-pandemic meant shops moved online. However, some merchants ended up with dozens of separate app providers to accommodate everything from supply chains, to inventory, to marketing. The founders of Shop Circle realized this and either built or bought many such apps. The company has now raised $60 million in a Series…
accounting, AI, bain capital ventures, bench, Exclusive, Fintech, Global IT News, Global Security News, Shopify, Startups
Inside the wild fall and last-minute revival of Bench, the VC-backed accounting startup that imploded over the holidays
Friday, December 27, was supposed to be the start of a relaxing holiday weekend. But it was chaos for thousands of small business owners who use Bench, an accounting and tax startup based in Canada that raised $113 million from investors like Bain Capital Ventures and Shopify. That morning, they found themselves unable to log…